Shopify Inc. or Hewlett Packard Enterprise Company: Who Leads in Yearly Revenue?

Shopify's meteoric rise vs. HPE's steady lead in tech revenue.

__timestampHewlett Packard Enterprise CompanyShopify Inc.
Wednesday, January 1, 201455123000000105018000
Thursday, January 1, 201552107000000205233000
Friday, January 1, 201650123000000389330000
Sunday, January 1, 201728871000000673304000
Monday, January 1, 2018308520000001073229000
Tuesday, January 1, 2019291350000001578173000
Wednesday, January 1, 2020269820000002929491000
Friday, January 1, 2021277840000004611856000
Saturday, January 1, 2022284960000005599864000
Sunday, January 1, 2023291350000007060000000
Monday, January 1, 2024301270000008880000000
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Unleashing insights

Shopify vs. Hewlett Packard Enterprise: A Revenue Showdown

In the ever-evolving landscape of technology, two giants, Shopify Inc. and Hewlett Packard Enterprise (HPE), have carved distinct paths. Over the past decade, HPE has consistently outpaced Shopify in annual revenue, boasting figures that are nearly 15 times higher on average. However, Shopify's growth trajectory is nothing short of remarkable. From 2014 to 2023, Shopify's revenue surged by over 6,600%, reflecting its rapid expansion in the e-commerce sector.

A Decade of Transformation

HPE's revenue, while substantial, has seen fluctuations, with a notable dip in 2017. In contrast, Shopify's revenue has shown a steady upward trend, peaking in 2023. This growth underscores Shopify's strategic positioning in the digital marketplace. As we look to the future, the question remains: Can Shopify continue its meteoric rise, or will HPE maintain its lead in the tech revenue race?

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025